Truck Contract Hire

Truck contract hire gives the business or corporate user the operational benefits of owning the vehicle, without the associated headaches of a large capital outlay on a depreciating asset. Using truck contract hire provides an affordable option, especially where funding of company vehicles can be a significant drain on a business’s financial resources. Here at Car Hire UK we don’t just get involved in car hire, we are able to provide the complete business contract hire solution for car contract hire, van contract hire as well as truck contract hire. We can provide you with the information that you need to make informed decisions about truck contract hire which will benefit your company – whether your requirement is for one truck or for a fleet of company trucks of varying sizes.

The main benefits of truck contract hire for your business are:

Low initial rental payment
VAT reclaimable portions of the truck contract hire
Flexible contract durations
Easy to project monthly and annual costs
No depreciation worries
No disposal worries
Maintenance and tyre costs can be included
Relief vehicle provision, if required
Your own corporate livery on the vehicle

Truck contract hire offers the business user – both for the sole trader and the larger company – a simple and affordable way of funding their truck and van contract hire requirements. With truck contract hire cost forecasting and budgeting is easy – a single monthly truck contract hire payment can include all servicing, maintenance, tyres, breakdown assistance and even a relief vehicle – ensuring that your business keeps running if a vehicle encounters a mechanical problem. The only additions to the monthly or annual truck contract hire budget are the user’s own variable costs, such as fuel and insurance.

Truck contract hire can be entirely flexible from the basic contracted term – usually 24 months – the contract duration is specifically tailored to the end-users requirements and need not be in annual blocks. The monthly rentals on truck contract hire are calculated by computing the purchase price of the vehicle, the duration of the contract and the projected annual mileage. The option to include maintenance and tyre replacement, additional roadside and breakdown assistance cover and relief vehicle provision can be included in the costings at this time and the end user has the option to include as many, or as few, of these options as required. The figures take account of the depreciation costs of the vehicle and also the estimate value at the end of the truck contract hire period – with some truck contract hire agreements giving the option to purchase for a guaranteed future value (commonly referred to as the “balloon figure”) at the end of the hire.

Here at Contract Hire UK we have a dedicated and professional team who will source your truck from our network of UK main dealer franchised commercial vehicle suppliers. Through our long association with these dealers we are able to purchase vehicles supplied on truck contract hire for our clients at an advantageous discount which would not be available to the public or business community normally. Contract Hire UK also has access to major main truck contract hire funders with extensive knowledge of the requirements of funding trucks, vans and other commercial vehicles. Thus our relationships with our suppliers and our funders, forged over a long period of time, enable us to offer highly competitive truck contract hire rates to the truck contract hire market.

As you can see, using truck contract hire and van contract hire to fund a company’s commercial vehicle requirements, however large or small the business, provides a simple and cost-efficient solution to their needs in this area. The monthly truck contract hire payments remain the same throughout the life of the truck contract hire period – making budgeting for one truck or a whole fleet hassle free.

Once your initial truck contract hire enquiry reaches us at Contract Hire UK, whether by email or telephone it will be passed to one of our team, who will then become the person who looks after you and your enquiry from then on. He or she will be able to help you through the entire truck contract hire process, and will initially ask you to provide them with some basic information on the type of truck required (wheelbase, weight etc), the length of truck contract hire required, the annual mileage and perhaps a monthly or annual truck contract hire budget to which you may be working.

This information will enable your account manager to prepare truck contract hire quotations for you which can include any of the optional add-ons (maintenance and tyre replacement, additional breakdown, roadside assistance, recovery and/or relief vehicle). If you are unsure about the specific truck contract hire or the type of trucks that you require for your business your account manager will be able to offer suitable advice. As we are able to supply trucks from all the major manufacturers on our truck contract hire terms we will be able to find the right truck for you and your truck contract hire.

During the truck contract hire negotiation period you will be looked after by your own dedicated and named account manager, and when you have ordered your vehicle, or vehicles, for your truck contract hire then our experienced administration team here at Car Hire UK will be on hand during the truck contract hire documentation process to guide you through contract signature etc. Before taking delivery of your truck contract hire vehicle you will be asked to make your initial rental payment – and details of how to make this payment will be clearly detailed on your truck contract hire contract documents. Subsequent truck contract hire monthly payments will be taken from your bank account by direct debit. Once the vehicle or vehicles that you have on truck contract hire have been delivered then your account manager will still be available to advise you on any further vehicles you may require in the future.

Additionally the services of Car Hire UK’s Customer Care Team will be available to you throughout the entire duration of the truck contract hire period to answer any questions that you may have.

Car Hire UK has the experienced personnel and also the expertise in the commercial vehicle marketplace to ensure that providing one truck or several on truck contract hire will be a simple and affordable process - whether you are a sole trader wanting just one truck or a company who require a fleet of trucks of assorted types, lengths and weights. Every member of the team here at Car Hire UK has experience in the contract hire market and many team members have worked in motor dealerships before bringing their experience to Car Hire UK. In addition to truck contract hire and van contract hire, Car Hire UK also provides car contract hire, both for business contract hire and for personal contract hire and your account manager will be happy to provide quotations for your vehicle requirements over the entire range of contract hire products that we have available for the business and personal user.

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